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Press Release: Tala, Fintech for the Underbanked, Raises $145 Million To Expand Globally and Into Crypto
Fintech start-up Tala has raised $145 million in a Series E funding round that the company intends to use to expand borrow, save and money management options across Kenya, the Philippines, Mexico, India and the United States, including crypto offerings.
- Categories
- Finance
- Region
- Global
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Cameroon’s Ejara Raises $2 Million to Offer Crypto and Investment Services in Francophone Africa
Ejara, a one-year-old company founded by Nelly Chatue-Diop, has raised $2 million to pioneer the usage of crypto and investment services in Francophone Africa.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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Growing Use of Cryptocurrency in Afghanistan Poses Security Concerns
If the Taliban were to adopt cryptocurrency as part of a national economic policy, it could aid efforts to circumvent sanctions. But these digital payments also poses concerns for Western security officials.
- Categories
- Technology
- Region
- North Africa & Near East
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Analysis: Meeting the Crypto Regulatory Challenge
Cryptocurrency adoption has soared during the COVID-19 pandemic, as everyone from private investors and public companies to underbanked individuals realised the benefits of digital currencies.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: Scepticism Grows in El Salvador Over Pioneering Bitcoin Gamble
El Salvador will be first to adopt cryptocurrency as legal tender next month – but economists are sounding warnings over risks.
- Categories
- Finance, Technology
- Region
- Latin America
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: How Decentralized Finance Will Transform Business Financial Services – Especially for SMEs
Uptake of DeFi in transaction banking could open up new capital opportunities for larger companies and increase liquidity for SMEs.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Tala and Visa Partnership Seeks to Ignite Stablecoin Use in Emerging Markets
Call it an ignition play for cryptocurrency — specifically, making crypto spendable, not just a store of value — across borders with the unbanked populations of the world, billions of consumers among them, as the match.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency
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